RCM IS NOW ACTIVE OR NOT PLEASE REPLY IF YES KINDLY SHARE NOTIFICATION
Menu
REVENGE CHARGE MECHANISM
Replies (6)
Quick Summary
Yes RCM is active
Yes rcm is very much applicable. Refer section 9(3) of cgst act and 5(3) of igst act along with notifications
RCM 9(4)
Yes active
Yes RCM is applicable section 9 (3) and (5)
9(4) is active, but requirement to pay RCM on purchase from unregistered persons is presently applicable only to real estate sector and not applicable to all registered assessees. It was removed from 13th October 2017 and has not been functional since (other than for real estate).
Recent Topics :
- Advance for supply of goods
- Question for members: how do you manage client doc
- Clarification Required on Invoicing and Receipt of
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
- 5th Letter PAN Mismatch with Surname issues still
- Criteria to hire an article
- Guidence requested for a Finance Professional with
Related Topics :
CAclubindia
